FLOKI price soars 140% in a week — Are memecoins like DOGE, PEPE finally waking up? By Cointelegraph

Bitcoin’s (BTC) rise to as high as $35,000 this week has also lifted a number of memecoins, including Floki (FLOKI), which has beaten its top rivals in percentage gains.

As of Oct. 27, FLOKI had surged over 140% to $0.00004261, its highest level in five months. The memecoin, known for its controversial marketing tactics, rallied after New York-based Grayscale Investments filed for a new spot exchange-traded fund (ETF) on NYSE Arca, as shown below.